4/17/2023 0 Comments Att mytimeWe didn't even hear of him until he suffered a slight misfortune. 'I'm not boring you? I do want you to get the picture of the sort of man this is - quiet, careful, law-abiding and with the sort of drive and single-mindedness we all admire. Latest dodge is to fly it in from Macao and drop it by parachute to a reception committee - a ton at a time - like we used to drop supplies to the Resistance during the war.'Ĭolonel Smithers broke off. Gold's been coming into India from all points of the compass. To give an idea, the Indian Intelligence Bureau and their Customs captured forty-three thousand ounces in 1955.1 doubt if that's one per cent of the traffic. In a period of history when every tomorrow may be the evil day, it is fair enough to say that a fat proportion of the gold that is dug out of one corner of the earth is at once buried again in another corner.' Fear, Mr Bond, takes gold out of circulation and hoards it against the evil day. 'The other and by far the major defect is that it is the talisman of fear. I said that gold has two defects.' Colonel Smithers looked sad. Every year, the world's stock is invisibly reduced by friction. It wears out quickly, leaves itself on the linings of our pockets and in the sweat of our skins. It is brilliant, malleable, ductile, almost unalterable and more dense than any of the common metals except platinum. Gold has extraordinary properties which are being put to new uses every day. ![]() ![]() New industries need gold wire, gold plating, amalgams of gold. All these new people will be taking tons of gold off the market every year. Others need gold-rimmed spectacles, jewellery, engagement rings. Another percentage needs gold fillings for their teeth. ![]() A small percentage of those people become gold hoarders, people who are frightened of currencies, who like to bury some sovereigns in the garden or under the bed. The population of the world is increasing at the rate of five thousand four hundred every hour of the day.
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